Why the need for a deficit this early in the downturn??
Unemployment is still at a very low ~5%.
There is still plenty of scope for the RBA to lower the cash rate compared to overseas comparison.
The proposed 10 billion waste of money hasn't even happened yet so who knows how that will affect the economy?
At least sales of alcohol and cigarettes will skyrocket.
Another prime example that this government is out of it's depth and will pursue irresponsible policy on the run.
Like to lunatic emissions trading scheme.
Why the need for a deficit this early in the...
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